Archived IMT (2009.09.22)
The FED's ASSET PURCHASE PROGRAM consists of buying $300 billion in treasuries (nearly $20 bln of which has yet to be bought by October) and of $1.25 trillion in mortgage-backed securities (nearly $165 bln remains unbought). The Fed's MBS purchases have helped stabilize the market by stabilizing spreads. Market chatter that the Fed may telegraph a potential tightening in conditions using reverse repos, could detract market optimism as the Fed attempts to place in action what it has been revealing in words. ASHRAF WILL BE GUEST HOSTING CNBC's WorldWide Exchange for 45 mins starting at 9 am GMT (10 am BST) previewing the Fed, G20 and FX plays. Risk appetite improving but still not enough for GBPUSD to regain $1.64 and oil to regain $71.85, both falling TLines.
Gold Eyes 1680 ahead of G20
by Ashraf Laidi | Feb 21, 2020 18:08
3 Charts for GBP Traders
by Ashraf Laidi | Feb 21, 2020 13:18
Is Yen-Centric Risk Back?
by Adam Button | Feb 20, 2020 17:34
Why the Euro Keeps on Falling
by Adam Button | Feb 19, 2020 16:37
Forex Brokers' Share Price Performance
by Ashraf Laidi | Feb 19, 2020 12:17